Information Provided By:
Fly News Breaks for February 3, 2017
AGI
Feb 3, 2017 | 08:03 EDT
Canaccord analyst Tony Lesiak upgraded Alamos Gold to Buy from Hold citing upcoming catalysts and an improving balance sheet. The shares have pulled back following its recent debt refinancing, providing an attractive entry point for investors, said Lesiak, who raised his price target to C$12.50 from C$12.00 on Alamos shares.